Project

Construction & Real Estate Industry, Logistics & Shipping

Saudi Arabia's June project awards top $7.9bn, says report

Mon, 06 Jul 2026

Saudi Arabia awarded 25 projects in June 2026 — the highest monthly total during the year — valued at more than SAR29.5 billion ($7.9 billion), reported SPA, citing official data. Of this, the construction sector accounted for the largest share, with 14 projects worth more than SAR20.6 billion ($5.4 billion).

Construction & Real Estate

Works starts on $187m Doha infrastructure development project

Mon, 06 Jul 2026

Qatar’s Public Works Authority (Ashghal) has announced that it has started work on the first package of the QAR688 million ($187 million) Izghawa & Al Thumaid Infrastructure Development Project aimed at delivering integrated infrastructure services for more than 650 residential plots in capital Doha.

Construction & Real Estate

ZaZEN starts handover of its LEED-certified residential project

Sat, 20 Jun 2026

UAE-based ZāZEN Properties has announced that it has officially begun the handover phase of its community-focused project, ZāZEN Ivy, located within the Al Furjan development. Rising six storeys, ZāZEN Ivy is the company’s second LEED-certified property.

Construction & Real Estate Travel, Tourism & Hospitality

Rikaz consortium lands $566m Makkah mixed-use project contract

Tue, 02 Jun 2026

Leading Saudi developer Rikaz said its consortium comprising Aljada First Development and AlMajdiah Real Estate has been awarded a key contract to develop East Hindawiyah, a SAR2 billion ($533 million) mixed-use project coming up near the Grand Mosque in Makkah.

Construction & Real Estate

Saudi Arabia launches tender for landmark Makkah development project

Thu, 11 Jun 2026

Saudi Holy Capital Municipality and National Center for Privatisation & PPP have launched the tender process for a key project on Prince Sultan bin Abdulaziz Road in Makkah. The scope of work includes development of 166,488-sq-m land on Al Hada Road under a build-own-operate-transfer (BOOT) model.

Construction & Real Estate

Saudi Arabia to launch new project to cool Riyadh's streets, buildings

Mon, 01 Jun 2026

Royal Commission for Riyadh City (RCRC) is gearing up to launch a major urban cooling project in the Saudi capital that aims to reduce temperatures on roads, walls and other urban surfaces by up to 15°C, said a report. Top Greek consulting firm Planet has been signed up as the lead consultant for the project.

Construction & Real Estate

GAF Property shapes a new residential experience with key Reem island project

Mon, 01 Jun 2026

UAE developer GAF Property has announced that it is shaping a new residential experience in Abu Dhabi through its latest residential development, Flow 25, located on Reem Island. The project draws its design inspiration from the Ghaf tree, one of the UAE’s most iconic natural symbols.

Construction & Real Estate

Drake & Scull, Prestige One kick off work at Majan development

Mon, 04 May 2026

Drake & Scull International, in a strategic partnership with luxury developer Prestige One Developments, has officially started work on the Majan Project. Located in one of Dubai's fastest-growing districts, the Majan Project is set for completion in the first quarter of 2028.

Construction & Real Estate

Majid Al Futtaim awards main contract for Distrikt Ghaf Woods

Mon, 04 May 2026

Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group.

Construction & Real Estate

New waterfront project set to open in Bahrain next year

Thu, 09 Apr 2026

Bahraini authorities said a new waterfront project designed with families in mind is taking shape in the Northern Governorate and is set to provide residents with free access to diverse leisure amenities when it opens next year, said a report.